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HomeMy WebLinkAboutCC-09-07-81 Estb Cum Bldg FndRESOLUTION 9-7-81-1 RESOLUTION TO ESTABLISH A CUMULATIVE BUILDING FUND Be it resolved by the Common Council of the City of Carmel, Hamilton County, State of Indiana, that it isldesired and deemed necessary to proceed with the proposed plan to establish a Cumulative Building Fund for the following purpose o~'purposes: To purchase, build, construct and erect, equip and maintain buildings for municipal purposes. And the levying of an additional tax at the rate of twenty five cents ($.25) on each one hundred dollars ($100.00) of taxable real and personal property within the taxing district to prg~e monies for said fund, said tax to be first levied in 1982, payable in ¥98~/~'annually thereafter for a total period of 10 years, expiring in 1992, as provided for in I.C. 18-6-2-1. Be it further resolved that proofs of publication and posting of notices of the public hearing held on this 7th day of September, 1981, and a certified copy of this resolution and such proposed plan be submitted to the State Board of Tax Commissioners of the State of Indiana, as provided by law. Adopted this day of ~1981. ATTEST: Dorothy J. ~n c~, Cl~erer~-Treasure